Home Depot Co-Founder: ‘It Pains Me to See People In This Country Glorifying Socialism’

Bernie Marcus, the co-founder of Home Depot and a billionaire philanthropist, said on Tuesday it “pains” him to “see people in this country glorifying socialism.”

Marcus delivered a message on behalf of Job Creators Network addressing his concerns over young people glorifying socialism over capitalism.

“I want to start by saying something politically incorrect. I love America, I do. I love America because it’s the greatest country in the world,” Marcus said. “I think there are two big reasons why this country is so great. The first is our Constitution, which guarantees the freedom of speech and expression. The second is our free market system. The free market system has been the biggest creator of wealth and prosperity the world has ever known.”

Marcus went on to say while he is no longer in management at Home Depot, he still believes in the free market system that helped make his company successful. He then transitioned his message to socialism and explained why he was concerned about more Americans glorifying the system.